Get exclusive money‑saving offers and guides

AMP Flexible Lifetime Protection Income Protection

Keep your finances secure if you can't work with AMP Flexible Lifetime Income Protection

The AMP Flexible Lifetime Protect Income Protection policy will provide you with an ongoing monthly benefit up to 75% of your regular income if your forced to take time off work due to serious illness or injury. You can cover the policy closer to your needs through a whole range of additional benefits to ensure you are getting the protection you need.

Read on to learn all of the benefits of this policy or submit your details in the form below to receive a secure quote for cover.

Enquire Now for AMP Flexible Lifetime Protect - Income Protection

Full Name*Please enter your full name

Email*Please enter a valid email address

Phone*

It's important to give us a valid phone number

State*

Gender

MaleFemale

Smoker

NoYes

Date of Birth

Type of ProtectionLife InsuranceIncome Protection

Current IncomeThis is your current income. Everyones situation is different so you might also want to discuss with an insurance consultant.Calculator

Occupation*Please enter your occupation

Self EmployedNoYes

Level of ProtectionCoverage is the amount of money that you will be paid in the event of a claim. An insurance consultant can help you determine an appropriate amount.Calculator

Sign up to our money newsletter

By submitting this form, you agree to the finder.com.au privacy policy

Compare Quotes

Edit your details

Did you submit incorrect details? Not to worry, you can edit them below.

By submitting this form, you agree to the finder.com.au privacy policy

AMP Flexible Lifetime Protection – Income Protection can help lessen the impact of the unexpected, like severe injury or accidents. It gives you cover or protection which would allow you to pay your bills without disrupting your lifestyle.

Choose from 3 levels of cover with AMP Flexible Lifetime Protection

The AMP Flexible Lifetime Protection – Income Protection comes in three levels of cover. Based on the need and financial ability you have, you can choose which type of cover is for you.

Basic Income Protection

The Basic Income Protection from AMP is an affordable type of income protection which covers you against severe injury or illness. Some of the benefits included in this level of cover are:

Pays out 75% of your current monthly income

Comes with a complimentary Interim Accident Cover which extends up to 12 months

Flexible payment scheme you can choose from – monthly, annually, or every 6 months

Waiver on premiums while on a claim

Transport benefits if you were injured far away from home

Further financial assistance for rehabilitation

Has a 14-day cooling off period

Standard Income Protection

This level gives you higher coverage aside from the basic features, such as the flexible payment options and the waiver of premium. The standard level coverage gives you a 24/7 protection anywhere in the world. It also ensures you a steady stream of income every month in case the injury or illness would render you unable to work for a long period of time.

Pays out 75% of your monthly income up to $30,000

A Guaranteed Future Insurability which allows you to increase your cover as your income increases without providing any additional medical information

Pays for extra rehabilitation costs to help you adjust with your new lifestyle.

Gives you additional payment of up to $60,000 in the event of death while still paying for your premium

Advanced Income Protection

The advanced level cover gives you maximum protection for you and your family. It gives you the same cover you can find from the standard level and more. Choosing this level also allows you the option to choose between stepped or level premiums.

Gives you a guaranteed continuation of cover after claim

Pays you a monthly benefit for 6 months if your situation is under the 22 plus trauma conditions in the list. You will receive the payment whether or not you could go back to work.

Has a Family Support benefit which gives assistance in case a family member has to stop working to render full-time care

Pays extra rehabilitation costs that the injury or illness would incur. This includes equipments and extra medical costs.

AMP Flexible Lifetime Protection Income Protection exclusions to be aware of

The AMP Flexible Lifetime Protection Income Protection Plan will not pay a claim if:

The injury or illness was caused by war – whether declared or not

The injury or illness was caused by your intentional or deliberate act

It is for normal and uncomplicated pregnancy and childbirth

If you were diagnosed with, had symptoms of or were treated for the injury or illness prior to cover commencing or being reinstated (unless you were not aware of the condition)

Who is eligible for AMP Flexible Lifetime Protection Income Protection?

The AMP Flexible Lifetime Protection Income Protection Plan can be owned by an individual or the trustee of a SMSF or a small APRA superannuation fund.

In order to qualify as an insured person under the policy, to be eligible for a Basic Plan you must be between 19 and 49 years of age, but if you apply for an Advanced Plan, Standard Plan or SMSF Plan, you must satisfy the following conditions:

Will is a personal finance writer for finder.com.au specialising in content on insurance. While he cannot give personal advice to clients, Will enjoys explaining the intricacies of different types of protective cover to help individuals and businesses find affordable cover that won't leave them underinsured.

Ask a Question

Do not enter personal information (eg. surname, phone number, bank
details) as your question will be made public

finder.com.au is a financial comparison and information service, not a bank or
product provider

We cannot provide you with personal advice or recommendations

Your answer might already be waiting – check previous questions
below to see if yours has already been asked

Your Question

Subscribe to our newsletter

Notify me of followup comments via e-mail.

Disclaimer: At finder.com.au we provide factual information and general advice. Before
you make any decision about a product read the Product Disclosure Statement and consider
your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com.au privacy policy,
receive follow up emails related to finder.com.au and to create a user account where further
replies to your questions will be sent.

Disclaimer -
Hive Empire Pty Ltd (trading as finder.com.au, ABN: 18 118 785 121) provides factual information, general advice and services on financial products as a Corporate Authorised Representative (432664) of Advice Evolution Pty Ltd AFSL 342880. Please refer to our FSG - Financial Products. We also provide general advice on credit products under our own Credit Licence ACL 385509. Please refer to our Credit Guide for more information. We can also provide you with general advice and factual information on about a range of other products, services and providers. We are also a Corporate Authorised Representative of Countrywide Tolstrup Financial Services Group Pty Ltd. ABN 51 586 953 292 AFSL 244436 for the provision of general insurance products. Please refer to our FSG - General Insurance. We hope that the information and general advice we can provide will help you make a more informed decision. We are not owned by any Bank or Insurer and we are not a product issuer or a credit provider. Although we cover a wide range of products, providers and services we don't cover every product, provider or service available in the market so there may be other options available to you. We also don't recommend specific products, services or providers. If you decide to apply for a product or service through our website you will be dealing directly with the provider of that product or service and not with us.
We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. If you are unsure you should get independent advice before you apply for any product or commit to any plan. (c) 2016.

Important information about this website

finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.

finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.

The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.

Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.

We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.

Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.

Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.

Please read our website terms of use for more information about our services and our approach to privacy.